At a Glance Q1 2020

Office market Frankfurt

Büromarkt Frankfurt


The Frankfurt office market starts the new year with a take-up of 82,000 m². Compared to the previous year, this represents only a decline of just under 8%. A decent result was also registered in the more narrowly defined gif area, and at 76,000 m² it is actually just around 4% lower than in 2019. The crucial reason for the slightly lower take-up can be seen in the fact that so far only one large deal for more than 5,000 m² was concluded in the first quarter. In a long-term comparison, these size categories account for around one third of take-up. However, since these contracts are usually not evenly distributed over the year, the first quarter in particular often shows larger differences in take-up, that can be attributed to this. By contrast, lively demand was observed in the small and medium-sized market segment. Around 55% of the result is attributable to inner city locations, with the banking district standing out with almost 24,000 m² (29%). The largest lease to date by Freshfields Bruckhaus Deringer for 14,500 m² also contributed to this figure. No major effects of the corona crisis have yet been observed in the first quarter.

Read the full report by downloading the PDF document.

Download this market report as PDF